december and explain - thank you! will leave a positive review

The Bandeiras Corporation, a merchandising firm, has budgeted its activity for December according to the following information: . Sales at $490,000, all for cash. Merchandise inventory on November 30 was $220,000. The cash balance at December 1 was $22,000. Selling and administrative expenses are budgeted at $72,000 for December and are paid in cash. Budgeted depreciation for December is $33,000, The planned merchandise inventory on December 31 is $250,000. The cost of goods sold is 70% of the sales price All purchases are paid for in cash. There is no interest expense or income tax expense . . The budgeted cash receipts for December are: The budgeted cash receipts for December are: Multiple Choice O $355,000 O $490,000 O $135,000 $523,000